How Are LLCs Managed? Member-Managed vs. Manager-Managed

By Matthew Dochnal April 24, 2024
man looking at a clipboard of Delaware company documents

  What Is a Member-Managed LLC? In a Member-Managed LLC, all of the Members are involved in running the business. So, the Members are both the owners and the Managers of the company. In a Member-Managed LLC, each Member can: Sign contracts for the company; Hire employees; and, Make decisions about the company’s direction. What […]

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LLC Members and Managers: Who Owns an LLC?

By Matthew Dochnal April 25, 2023
two men signing Delaware LLC agreement and shaking hands

  Who owns and manages an LLC? If you’re thinking about setting up a Limited Liability Company (LLC), it’s helpful to understand the roles of LLC owners and how they’re involved in managing the business. LLCs offer the flexibility to create unique management structures, pick officer titles, distribute management responsibilities, and outline ownership interest. In […]

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